DENVER, CO--(Marketwired - May 03, 2016) - Synergy Resources Corp. ("Synergy" or the "Company") (NYSE MKT: SYRG) today announced that it has entered into a definitive agreement with Noble Energy through private negotiations to acquire certain assets for total consideration of $505 million cash, subject to customary purchase price adjustments. Highlights of the transaction include: Approximately 72,000 gross (33,100 net [...]
Production Increased 65% Year Over Year DENVER, CO--(Marketwired - May 03, 2016) - Synergy Resources Corp. (NYSE MKT: SYRG), a U.S. oil and gas exploration and production company focused on the Greater Wattenberg Area of the Denver-Julesburg Basin, reported its first quarter results for the period ended March 31, 2016. First Quarter 2016 Financial Highlights Revenues were $18.3 million Net Loss was $51.4 million or [...]
DENVER, CO--(Marketwired - April 14, 2016) - Synergy Resources Corp. ("Synergy" or the "Company") (NYSE MKT: SYRG) announced today that it has closed its previously announced underwritten public offering of 19,500,000 shares of its common stock. In addition, the Company announced that, on April 12, 2016, the underwriters exercised in full their option to purchase an additional 2,925,000 shares, bringing the total shares [...]
DENVER, CO--(Marketwired - April 11, 2016) - Synergy Resources Corp. ("Synergy" or the "Company") (NYSE MKT: SYRG) today announced that it has priced a public offering of 19,500,000 shares of its common stock for total gross proceeds (before underwriters' compensation and estimated expenses) of approximately $150 million. Credit Suisse is acting as lead book-running manager for the offering. The underwriters intend to [...]
DENVER, CO--(Marketwired - April 11, 2016) - Synergy Resources Corp. ("Synergy" or the "Company") (NYSE MKT: SYRG) today announced that it intends to offer for sale 19,500,000 shares of its common stock in an underwritten public offering. The Company intends to grant the underwriters an option for 30 days to purchase up to an additional 2,925,000 shares of the Company's common stock. The underwriters intend to offer [...]
DENVER, CO--(Marketwired - April 11, 2016) - Synergy Resources Corp. ("Synergy" or the "Company") (NYSE MKT: SYRG), in conjunction with its change of fiscal year to December 31, announced its proved reserves as of December 31, 2015 and provided its capital expenditure (capex) budget and production guidance for calendar 2016. The Company will be reporting a four month transitional period ended December 31, 2015. Proved [...]
DENVER, CO--(Marketwired - March 01, 2016) - Synergy Resources Corp. ("Synergy" or the "Company") (NYSE MKT: SYRG) issued an update regarding its operations in the Wattenberg Field, and changes to the Company's year-end and its Board of Directors. OPERATIONS UPDATE The Company is finishing the drilling activities on its Vista pad where ten standard length wells, approximately 4,200 feet in lateral length, are being [...]
DENVER, CO--(Marketwired - February 02, 2016) - Synergy Resources Corp. ("Synergy" or the "Company") (NYSE MKT: SYRG) announced today that George Seward has resigned from, and Daniel E. Kelly has been appointed to, the Company's Board of Directors effective February 1, 2016. Mr. Kelly has 34 years of experience in the oil and gas industry focused on the development of energy assets in the Western United States. He spent [...]
DENVER, CO--(Marketwired - January 27, 2016) - Synergy Resources Corp. ("Synergy" or the "Company") (NYSE MKT: SYRG) announced today that it has closed its previously announced underwritten public offering of 14,000,000 shares of its common stock. In addition, the Company announced that the underwriters exercised in full their option to purchase an additional 2,100,000 shares, bringing the total shares to be purchased [...]
DENVER, CO--(Marketwired - January 21, 2016) - Synergy Resources Corp. ("Synergy" or the "Company") (NYSE MKT: SYRG) today announced that it has priced a public offering of 14,000,000 shares of its common stock for total gross proceeds (before underwriters' compensation and estimated expenses) of approximately $80.5 million. Credit Suisse, BofA Merrill Lynch and Citigroup are acting as joint book-running managers for the [...]
DENVER, CO--(Marketwired - January 21, 2016) - Synergy Resources Corp. ("Synergy" or the "Company") (NYSE MKT: SYRG) today announced that it intends to offer for sale 10,000,000 shares of its common stock in an underwritten public offering. The Company has granted the underwriters an option for 30 days to purchase up to an additional 1,500,000 shares of the Company's common stock. The underwriters intend to offer the [...]
DENVER, CO--(Marketwired - January 18, 2016) - Synergy Resources Corp. (NYSE MKT: SYRG), a U.S. oil and gas exploration and production company focused on the Greater Wattenberg Area of the Denver-Julesburg Basin, announced that members of its senior management team will participate in the following hosted investor events: Seaport Global Securities SoCal Energy Day, January 19, 2016, Los Angeles, California. Credit Suisse [...]